for investors in theEnergy Select Sector SPDR Fund(NYSEARCA:XLE), it’s been a rather rough go. Today, the XLE ETF is down approximately 5% in afternoon trading, having dropped nearly 7% at today’s lows.
Each sector has a corresponding Standard & Poor’s Depositary Receipt (SPDR) ETF with its own ticker symbol, such as the Energy Select Sector SPDR Fund (XLE). The XLE tracks the performance of top S&P 500 companies involved in the production, transportation and refinement of oil and natural ...
an investor who is bullish about the oil and gas industry might be hesitant to put all their funds into a single stock. Instead, they could buy a share of an ETF like theEnergy Select Sector SPDR Fund (XLE), which hasExxon MobilandChevronamong its top holdings. ...
The extent to which Chesapeakecan mount a meaningful recovery in a brutal environment for oil prices is the biggest factor affecting the company. Lingering concerns about global oil supplies caused WTI Crude to hover around $45 for almost a month, sending theEnergy Select Sector SPDR (ETF)(NYSE...
ExclusiveElon Musk Wants to Get the Government Out of GDP: Good Idea? Advertisement. Looking at the most widely traded energy fund — theEnergy Select Sector SPDR ETF (XLE), it is made up of integrated energy companies, pipeline operators, refining producers and oilfield services companies. The...
markets and making investment decisions that may or may not pan out. A part of me wants to sell all positions and buy SPY, the S&P 500 ETF, and lock in the 2.5% outperformance for the rest of the year. When you haveexcess investment returns, it’s generally a good idea to keep...
, xle , spy 1.83k comments 270 likes jonathan weber investing group follow summary as predicted, newly diagnosed cases keep climbing, even hitting a new country-wide record high this week. increased testing is not the reason, showcased by the rising positive test rate. at the same time, a ...
investors, theEnergy Select Sector SPDR (ETF)(NYSEARCA:XLE) is making a solid comeback. Despite the devastation, some energy stocks such as the ETF’s largest holding,Exxon Mobil Corporation(NYSE:XOM), now present solid buying opportunities. Here’s why XOM stock is still a buy amid the ...
But here we are, price wars, volatility and all, and CHK stock is still in the discussion. TheEnergy Select Sector SPDR ETF(NYSEARCA:XLE),Exxon Mobil(NYSE:XOM),BP(NYSE:BP),Chevron(NYSE:CVX) and some of the largest, strongest companies are under significant pressure. ...
In addition to those SLB and SNAP trades, there was a 60% winner onFreeport-McMoRan(NYSE:FCX)… an 89% gain fromWells Fargo(NYSE:WFC)… a 91% winner with theiShares MSCI Japan ETF(NYSEARCA:EWJ)… and a 130% gain with theSPDR Select Energy Fund(NYSEARCA:XLE), to name a handful....